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To: patron_anejo_por_favor who wrote (255478)	8/13/2003 2:29:15 PM
From: ild	Respond to of 436258

Date: Wed Aug 13 2003 13:59 trotsky (Pyrite, 13:28) ID#377387: Copyright © 2002 trotsky/Kitco Inc. All rights reserved like i said before, if one eschews the sloppy analyses and digs a little deeper, it becomes obvious that there is in fact no recovery worth speaking of. it's a feeble bounce at best. so the bond sellers are partly deluded. of course, the bulk of the move is a direct result of the GSE's frantically trying to get out from their rising duration gap, so it really hasn't much to do with the market's view of the economy anyway.